A lot of buzz around lucid this morning so I yolo’d it… down already 🙃. Someone tell me good news about lucid?

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Yikes. There is no good news about lucid (yet)

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Pain

It’s a long term play if you believe in a possible Tesla challenger. Of any it’s probably got the best tech and style… price point should be good for their (LCID) bottom line. It’s notorious for short term volatility though so strap in

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There have been tons of posts about people bagholding CCIV. Why would you want to join them

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Because I’m an ignoramus

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I’m just gonna drop some raw data for you- you can choose to look at it in a positive or negative light. The EV space is an untapped and most automakers are planning to have an EV within the next few years. Lucid is promising the Mercedes of EVs (everything from high end interior to engine-equivalent specs). Tesla made all of their EV-specific opened all of their patents. There is a lot of $$ promised by Uncle Sam to build EV infrastructure.

helpful

Buy stocks and keep adding on dips for long term. You will get burnt with options

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